Leah Parrott’s Post

🎉 Celebrating Months as a Financial Planning Analyst 🎉 Time flies! It's been months since I began my journey as a Financial Planning Analyst, and it's been both challenging and rewarding. Here are a few highlights: Data-Driven Insights: Uncovering valuable insights and driving strategic decisions through data analysis. 🤝 Team Collaboration: Learning from diverse teams and turning complex concepts into actionable strategies. 📊 Strategic Planning: Crafting long-term financial strategies that align with our company's vision. 🍔 QSR Experience: Applying financial planning skills to optimize operations and profitability at Burger King, enhancing our performance in the fast-paced QSR industry. 📚 Lifelong Learning: Staying ahead of industry trends through continuous learning. Thanks to my mentor Moses Otegbayo and colleagues for their support and guidance. Excited for what the future holds! 🚀 #FinancialPlanning #DataAnalysis #TeamWork #Strategy #CareerGrowth #Learning #Finance #QSR #BurgerKing

🔍 Project Highlight: Financial Projection for a Restaurant Project in Colorado I'm excited to share the successful completion of a detailed financial projection project for a new restaurant venture in Colorado. This project presented several challenges that tested our analytical skills and strategic planning. 🚀 Key Accomplishments: 🔸 Comprehensive Financial Model: We developed an extensive financial model that includes revenue projections, cost analysis, and profitability forecasts. This model integrates the three principal financial statements: the Income Statement, Balance Sheet, and Cash Flow Statement, providing a thorough financial overview. 🔸 Market Analysis: Our projections were informed by a detailed market analysis, including current trends and competitive landscape, ensuring that the financial model accurately reflects the potential growth and challenges in the Colorado restaurant market. 🔸 Strategic Insights: The financial projections provide strategic insights into potential revenue streams, cost management, and investment opportunities, supporting well-informed decision-making processes. 🌟 Challenges Overcome: 🔹 Dynamic Market Conditions: Accounting for the rapidly changing restaurant market conditions in Colorado required meticulous research and the integration of up-to-date data and trends. 🔹 Detailed Cost Analysis: Conducting a comprehensive cost analysis involved a thorough examination of various expense categories, ensuring that all potential costs were accurately projected. 🔹 Revenue Forecasting: Developing accurate revenue projections required a deep understanding of the restaurant business model and the specific dynamics of the Colorado market. This project demonstrated our team's expertise in financial modeling and strategic planning, delivering valuable insights for stakeholders to make informed investment and operational decisions. If you're interested in receiving similar in-depth financial evaluation services, feel free to connect with me via bit.ly/ElMehdiNaffaa or bit.ly/3Ra55Gx Let's discuss how we can help your business achieve its financial goals. #Finance #Restaurant #Investment #FinancialProjection #Colorado #MarketAnalysis #StakeholderValue #ConnectWithMe

DID YOU KNOW? A BUSINESS ANALYST CAN ALSO AUDIT YOUR PROCESS !!! I recently had the opportunity to audit a food-producing company as part of a larger project implementation process. (Ebrrar Kitchen) The audit was comprehensive, covering various aspects of the company's operations, including 1. quality control, 2. production processes, 3. supply chain management, 4. and regulatory compliance. During the audit, I meticulously reviewed their practices and identified areas for improvement, ensuring they met industry standards and best practices. It was not a difficult task because as a business analyst I have managed various implementation process systems This experience not only broadened my understanding of the food production industry but also demonstrated my capability to handle complex projects, paving the way for bigger opportunities in the future. As a certified BUSINESS ANALYST over the years i discovered that i become better of me when I solve problems. Ebrrar Kitchen it was indeed working for you guys. Wait did I mention that I enjoyed your meals.... Yeah I did... I look forward to surveillance AUDIT. In this regard I will be sharing some TIPS with YOU all next month on becoming a BA-AUDITOR. @COACH-MAXWELL

As a business analyst specializing in the food and beverage industry, I understand the unique challenges that arise when it comes to managing finances. In this article, we will delve into the financial landscape of the food and beverage industry and explore strategies for effectively managing your company's finances.

We are #HIRING for a Financial Analyst. Position Summary Costco Travel Financial Analyst’s primary responsibility is to assist with the department’s accounting, financial reporting, and internal and external compliance requirements. The Financial Analyst has responsibilities to support the department’s global activities, including foreign exchange, local regulatory and compliance requirements, risk management, and other duties as assigned. To learn more and apply, follow the link below: #financialanalyst #accounting #compliance #riskmanagement

Imagine you run a bakery, and you notice that the process for making your best-selling bread is taking longer than it should, what will you do? 🤔 Well, if you ask me, I’ll advise you to hire a seasoned business analyst like me 😊 to analyze your bakery’s 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐞𝐬. Why? Because in every organization, there’s a series of activities that are performed in a defined sequence to deliver specific outcomes. These series of activities are called business processes. 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐏𝐫𝐨𝐜𝐞𝐬𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 involves systematically examining and evaluating the series of activities within an organization's business processes to identify areas for improvement, streamline operations, and enhance overall performance. By analyzing the steps involved, you might discover that certain ingredients in the bakery are stored too far from the work area, causing unnecessary delays. By rearranging the layout or reorganizing the workflow, you can cut down on wasted time and make more bread in less time. This not only saves you money but also keeps your customers happy by getting their favorite bread on the shelves faster. In essence, business process analysis helps businesses find ways to be more efficient and effective in everything they do. It helps them work smarter, not harder. #BusinessProcesses #ProcessImprovement #Efficiency #StreamliningOperations #PerformanceEnhancement #BusinessAnalysis #SmartWork #Optimization #CostSavings #CustomerSatisfaction #WorkflowAnalysis #ContinuousImprovement ---------------------------------------- PS: If you need an excellent business analyst, you are in the right place... HIRE ME If you enjoy my content, kindly like, share, comment and follow me for more insightful posts.

Sharing is caring, I encourage you to share with any restaurant or food truck owners who deserve more for their hard work! 🍽️ Navigating the Restaurant Business: A Game of Pennies 🍽️ In the restaurant industry, success truly is a game of pennies. Imagine every penny as a percentage of each dollar you earn from your customers. As a Data Scientist and Business Analyst specializing in this field, my role is to ensure every penny finds its way home. How? Let's break it down: 🔹 **Allocating Pennies**: Your revenue needs smart allocation - 25% to Cost of Goods Sold (COGs), 10% to Overhead, 30% to Payroll, and so on. Each penny must have a purpose. 🔹 **Harnessing Predictive Analytics**: We use cutting-edge predictive analytics and machine learning to forecast sales for each menu item. This isn't just guesswork; it's data-driven precision. 🔹 **Optimizing Recipe Batch Sizes**: With daily sales forecasts in hand, we can accurately plan recipe batch sizes. This means cooking just what you need, reducing waste, and saving costs. 🔹 **Streamlining Orders**: This data flows directly into your order guides, helping you make informed purchasing decisions. 🔹 **Reducing Unnecessary Costs**: By minimizing unnecessary purchases and production, we can reduce payroll expenses. Every penny saved here boosts your bottom line. 📈 As your analyst and consultant, my goal is to guide as many of these pennies back to you. By leveraging advanced analytics, we're not just predicting the future; we're creating a more profitable one for your restaurant. I encourage you to follow my business page: Culinary Analytics Consultation Group #RestaurantBusiness #DataScience #BusinessAnalytics #PredictiveAnalytics #MachineLearning #FoodIndustry #foodtrucks

𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐲 𝐃𝐢𝐟𝐟𝐞𝐫𝐬!!!! When I hang out with friends On the way back home, I pick up snacks for my mom, dad, sister, and grandparents. Everyone likes 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐬𝐧𝐚𝐜𝐤𝐬, so I make sure to get the 𝐫𝐢𝐠𝐡𝐭 𝐨𝐧𝐞𝐬 for each person. Otherwise, the snacks would go to waste. In the same way, as a 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐧𝐚𝐥𝐲𝐬𝐭 dealing with different stakeholders I communicate with each stakeholder based on their 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐞𝐬. Balancing the expectations and demands of various 𝐢𝐧𝐭𝐞𝐫𝐧𝐚𝐥 𝐚𝐧𝐝 𝐞𝐱𝐭𝐞𝐫𝐧𝐚𝐥 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬, 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐛𝐨𝐝𝐢𝐞𝐬. Regular stakeholder meetings and 𝐜𝐥𝐞𝐚𝐫, 𝐜𝐨𝐧𝐜𝐢𝐬𝐞 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 from a 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐧𝐚𝐥𝐲𝐬𝐭 𝐡𝐞𝐥𝐩 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 𝐦𝐚𝐧𝐚𝐠𝐞𝐫𝐬 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐦𝐚𝐧𝐚𝐠𝐞 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫 𝐞𝐱𝐩𝐞𝐜𝐭𝐚𝐭𝐢𝐨𝐧𝐬. Consider following Karthiga Sivapragasam if you find my content useful #business #businessanalyst #businessanalysis #businessanalysts #stakeholdermanagement #stakeholderengagement #communication #priority

Food Delivery Cost and Profitability Analysis Are you hungry for insights into the financial dynamics of food delivery services? 🚚💰 In my latest project, I embarked on a deep dive into the financial workings of a food delivery service, aiming to enhance its overall financial performance. 📊 The mission? To identify avenues for cost reduction, revenue enhancement, and ultimately, profitability elevation. 💼💡 The analysis centered on illuminating the profitability of each individual order, leveraging real-world data to uncover actionable insights. 📉📈 The visualization presented a striking comparison between the distribution of profitability per order using actual discounts and commissions versus a simulated scenario with recommended adjustments. 📊🔍 🔍 Insights from the Analysis: - Actual vs. Simulated Profitability:The contrast revealed a mixed bag in actual profitability, with a notable portion of orders yielding losses. However, the simulated scenario hinted at a shift towards higher profitability per order, suggesting that recommended adjustments could pave the way for a more lucrative operation. 💼💰 - Opportunities for Improvement:By scrutinizing all costs associated with food delivery, from direct expenses like delivery fees to indirect factors like discounts and commissions, the analysis pinpointed areas ripe for optimization. 🎯 🚀 Key Takeaways - Strategic Adjustments: Fine-tuning commission rates and discount strategies could significantly impact profitability, steering the service towards a more sustainable financial trajectory. 🛠️💡 -Data-Driven Decision-Making: Leveraging insights from comprehensive financial analysis empowers businesses to make informed decisions, driving growth and success. 📊🔍 In summary, this project underscores the importance of rigorous financial analysis in optimizing the performance of food delivery services. 🍲💼 By understanding the intricacies of costs, revenue streams, and profitability on a per-order basis, businesses can chart a course towards greater financial resilience and success. 💪 #FoodDelivery #FinancialAnalysis #DataDrivenInsights #BusinessOptimization #LinkedInPost

Finance stories are like being a chef in a restaurant 🧑🍳 Reporting will provide prepared ingredients only And at best provide you with the recipe 😕 Reporting is an important function of Finance But if you compare it to how we prepare food - You get your ingredients (raw data) - You cut in dices (structure and organised data) - You put them in a pack and give the recipe (report) I like to cook myself so, I guess I am OK with that But would I pay as much for that as for a restarurant? Certainly not, because I would add the value to it and that's why you have to become a Chef - you deliver a finished product (story) - you bring your vision and universe (personal touch) - you take care of the service (presentation) People value that much more and are willing to pay for that So, who are you going to be? ------------------------- I am Soufyan and 📊 I give financial storytelling and presentation skill trainings  for FP&A and Controllings Teams, in-person or online for individuals with a cohort based course ☕ I send a newsletter every week called FP&A Stories, for every finance professional who want to go beyong the technical side of our job 💌 I post everyday on Linkedin Curious about any of these? Have a look at my profile, follow me and contact me